An asymmetric triangle is shown with a decrease of volume.
The bullish trend line has been supported three times.
As CVC price is at the edge of the asymmetric triangle pattern, it could be a time to go bullish.
Losing the resistance level would be a sign for SL.
Green - EP
SkyBlue - TP
Red - SL
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Here is ETHUSD 4H. I would consider current region to be quite risky to enter any position until more sub-wave structure gets formed.
ETH recently had broken the yellow triangle below and bounced around 0.786 retracement level.
If we see some uptrend move to retest the bottom of the triangle, it might be a adequate place to enter short.
Moreover, there is a blue...
Hi, this is NEXGEN Investment.
The cryptocurrency market has been steadily moving sideways since September, giving the people who are expecting significant fluctuations a chilling time.
I know that there is a lot of interest in the direction of the bitcoin price that runs from this stuffy crossbar to the end.
This idea is about strategies for how to respond in...